The repercussions of global tensions and supply bottlenecks are not limited to the energy sector; they have strongly extended into the core of the agricultural sector. Recent economic analyses confirm that jumps in fertilizer prices and the doubling of insurance
and shipping costs will inevitably lead to a significant and sustained rise in the prices of rice and staple grains, threatening a structural food security crisis that places particular pressure on the budgets of import-dependent developing nations, portending consequences for
social stability in those regions.
